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BIK and relocation expenses

REDZ · 2007-01-12 10:23:14

Hi We are paying 3 months rent for a new employee, who has moved from a another city to take up work. Just wondering about the BIK implications, if any. Thanks James

12-01-2007 10:23am

#1

REDZ

Registered Users, Registered Users 2 Posts: 273 ✭✭

Join Date: January 2005

Posts: 233

Hi
We are paying 3 months rent for a new employee, who has moved from a another city to take up work. Just wondering about the BIK implications, if any.
Thanks
James

0

Comments

#2 13-01-2007 2:43am

karangka

Registered Users, Registered Users 2 Posts: 57 ✭✭

Join Date: April 2005

Posts: 53

You can pay rental on behalf of a new employee relocating for a maximum period of 3 months without applying BIK. There are certain requirements that must be fulfilled.

http://www.revenue.ie/leaflets/BIK_Appendix.pdf

See appendix 4.

Hope this helps.

0
#3 15-01-2007 10:10am

REDZ

Registered Users, Registered Users 2 Posts: 273 ✭✭

Join Date: January 2005

Posts: 233

thanks, thats great
James

0